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Tech, Global Network Of Merchants Can Combat Ecommerce Fraud

PYMNTS

Emailage, the email risk assessment company, has found that during 2016 $1 billion in fraud was stopped by using technology and a syndicated network of global merchants. With the rapid changes to the payment space driven by mobile devices, EMV and other solutions, online fraud will only continue to rise, said Emailage.

Fraud 101
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Recap of Money 20/20 USA 2023 and 10 Banking Thoughts

South State Correspondent

In this article, we detail our thoughts and the trends we saw last week in Las Vegas from a banking perspective in hopes of giving you the flavor and insight from the conference without you having to walk 10 miles per day and listen to endless vendor pitches. It’s a whirlwind of education, deal-making, eating, and hugging.

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Low-Cost Mobile Card Readers Have Security Flaws

PYMNTS

Positive Technologies researchers Leigh-Anne Galloway and Tim Yunusov are warning that new lower-cost payment systems could hurt companies because of security flaws that could enable hackers to steal credit card data or change the value of what people are purchasing. The card readers typically attach to a tablet and or smartphone.

Security 111
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MGM Resorts Admits To 2019 Hack

PYMNTS

The hotel said the data breach didn’t involve any password, financial or payment card information, and that all the guests who were affected were notified of the incident. A technology website called ZDNet originally reported the data breach and passed along the 10.6 million number.

Las Vegas 130
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Plugging Expense Leaks With Spend Management Solutions

PYMNTS

An employee’s accidental use of her corporate card to pay for groceries isn’t a crime, but it does fall under the heading of “ friendly fraud ,” which creates friction for the accounting department. Weddings and events are another sector experimenting with card-based spend management efforts. Disrupting Paper-Based Systems.

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Trulioo On Tweaking The Odds In Favor Of Online Sports Betting

PYMNTS

Will Tom Brady turn in his jersey after the game for an AARP card and hit the celebrity golf circuit? The new view of the Wire Act reportedly follows a long lobbying effort by Las Vegas casino owner Sheldon Adelson. It all comes down to security, authentication and fraud prevention. Which team will win?

Online 169
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Identifying What’s Next In Digital Identity

PYMNTS

If you’re playing the slots in Vegas this week, there’s a good chance they’re coming up: Biometrics; EMV chip cards; Mobile security. He said that biometrics could have the potential to remove the need for usernames and passwords, much the way EMV is intended to eliminate the need for cardholders to enter debit card PINs.

Las Vegas 100